JHVEPhoto/iStock Editorial via Getty Images Shares of Autodesk (Autodesk) fell about 7% premarket on Friday after the company announced it was acquiring MaintainX while reporting its fiscal first quarter results, which beat estimates. The analysts remained largely positive but highlighted the acquisition announcement. Jefferies maintained its Buy rating and $300 price target on Autodesk — which provides 3D design, engineering, and entertainment software. "Clean beat and raise quarter , but we expect shares to be range-bound near term as investors digest the strategic rationale and valuation for the company's largest acquisition to-date (MaintainX, $3.6bn). Bears will focus on the rich valuation (18x CY27E ARR assuming 50% growth) and question the 'buy vs. build' decision. Bulls will point to the TAM expansion and cite the construction playbook as evidence ADSK can successfully execute its LT [long term] vision in operations," said analysts led by Brent Thill. The analysts noted that while they grapple with the premium paid for the deal, they believe the deal strategically makes sense given synergies owning the data, context, and workflows across design, make, and finally operate. Thill and his team added that the solid execution this quarter further reaffirms their view of sustainable double-digit growth. BTIG kept its Buy rating and $300 price target on the stock. Analysts led by Nick Altmann said that Autodesk's first quarter results were solid across adjusted revenue and billing metrics, and the fiscal year 2027 growth and margin outlook showed no meaningful changes. However, the analysts noted that the bigger story of the results was the company's announcement about acquiring MaintainX for about $3.6B at a premium valuation versus Software as a Service, or SaaS, peers. "While we are constructive on the acquisition and ADSK has done a formidable job with prior M&A (e.g., Construction), the size (ADSK's largest acquisition ever) and the timing (significant amount ...

Welcome to India Edition, Bloomberg’s daily dive into what’s moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I’m Menaka Doshi . If you didn’t receive this directly in your inbox, you can subscribe here , and share feedback with us here . Today, I look at the dire weather forecast for India’s economy and my colleague Shruti Mahajan unpacks the survival crisis facing online gaming companies. Hot, Dry June India’s monsoon prospects have been downgraded , adding to the energy and currency shocks the economy faces. The India Meteorological Department today affirmed its earlier forecast of a “below-normal” monsoon but lowered the rainfall estimate from 92% to 90% of the long-term average due to a likely El Niño weather pattern. Any lower than this would qualify as a “deficient monsoon,” the probability of which currently stands at 60% . For the economy, weak rainfall means lower food production, higher food inflation and slower rural growth. It’s tough to tell the full extent of the impact, though, as monsoon sensitivity has fallen over time, according to economists and the central bank. “While the monsoon remains critical for Indian agriculture, the sensitivity of agricultural production to rainfall variability has moderated over time with rising irrigation intensity, improved crop management practices, and technological advancements,” the Reserve Bank of India said in its annual report out today. Food production growth has generally been weaker in previous El Niño episodes, but the volatility seems to have reduced in recent phases, Nomura economists Sonal Varma and Aurodeep Nandi said in a report earlier this month. They point to 2018 and 2023, when the slowdowns in food production growth were much smaller and, consequently, agricultural GVA growth was relatively higher than in previous El Niño years. Yet they expect a surge in food inflation to 6% this fiscal from 0.6% in FY26 and headline inflation to double to 5% versus 2.1% i...

Lo Wai-kwok, the 73-year-old chairman of Hong Kong’s largest pro-business party and a former lawmaker, has announced his engagement to a Cantonese opera actress 42 years his junior, becoming the talk of the city’s political circles. Lo’s engagement to 31-year-old Yemina Yu Chung-yan comes five years after the death of his wife Adelina Wong Siu-chun. The couple, whose wedding will be held in October, are set to add to the city’s growing number of remarriages, which rose from 15,832 in 2019 to 20,971 in 2024, a jump of 32 per cent. Advertisement Lo, who heads the Business and Professionals Alliance for Hong Kong, appeared with Yu on Friday at a media event at the party’s headquarters, where they smiled, held hands and exchanged affectionate glances. Sharing a passion for Cantonese opera, they also performed a short piece together for reporters. Advertisement According to Lo, the pair first met decades ago when Yu, then a primary school student, won a Cantonese opera competition and his late wife introduced them.

Wedbush’s Dan Ives went on The Pomp Podcast with Anthony Pompliano and laid out a thesis that should reframe how you think about every AI position in your portfolio. His line: “This is 3rd inning, 1 out in a 9-inning game.” If you accept that framing, the implication for chip stocks, hyperscalers, and even the ... Wedbush’s Dan Ives: AI Revolution Is Only in Third Inning. Here’s Why Nvidia and U.S. Chip Stocks Have Years of Upside Left.

5月发生的湖南浏阳烟花爆炸事故、山西长治留神峪矿难，均造成重大人员伤亡，并已成立国务院事故调查组，张成中均担任组长 资料图：张成中。图：视觉中国 【财新网】 2026年1月31日，应急管理部时任党委书记、部长 王祥喜 官宣落马。3月27日，时任河北省委常委、唐山市委书记的张成中临危受命出任应急管理部党委书记；4月30日出任应急管理部部长，从而成为目前最年轻也是国务院组成部门首名“70后”一把手。 至今，张成中主政应急管理部已满两个月，并屡经各种考验，堪称近期“最忙”部长。 2026年5月，国内发生两起影响较大、死伤人数较多的爆炸事故。应急管理部作为指导应对突发事件的关键部门，负责调度应急力量和物资储备参与救援，并统一发布灾情。应急管理部部长张成中均赶赴现场并担任国务院事故调查组组长。

The S&P 500 Index has returned to all-time highs, yet there’s no mistaking that Wall Street’s breathtaking two-month rally has slowed dramatically. The benchmark index has surged more than 19% from its March low in just 41 trading sessions. It’s a rally that analysts at DataTrek Research described as already approaching a “two sigma” advance, meaning two standard deviations larger than the average return over any given 100 days. That may signal that the easy money has been made for now, and investors should prepare for a much slower grind higher — or even a range-bound market — during the US summer months. “History suggests the S&P may consolidate from here, with the pace of gains likely to slow materially,” DataTrek’s Jessica Rabe wrote in a note to clients on Wednesday. The slowdown may have already started. While the S&P 500 closed at a record on Thursday, it was only 0.8% above its close on May 14. The index has gone five straight days without a move greater than 0.7% in either direction, a streak of quietness last seen in February before the Iran war began. The range between the day’s low and high points on Wednesday was the tightest of the year, even as a steep drop in oil prices provided a bullish macro backdrop for stocks. Even the catalyst that lifted stocks on Thursday may threaten to keep the market range-bound over the summer months: The US and Iran reached a tentative deal to extend a ceasefire by 60 days and launch further talks on Tehran’s nuclear program, an agreement that may keep the conflict in limbo rather than a decisive conclusion. What’s left is a market that, at least for the moment, may be running out of catalysts both on the upside and the downside. “We are in a rare place for the market, where the technicals are creating a modest tailwind, with positioning and sentiment supportive but not complacent, while the fundamentals are as strong as they have been for five years, but also are not showing signs of excess,” said Mark Hackett , chief m...

Justin Sullivan Asked if she thinks the rapid growth in artificial intelligence has created a bubble, San Francisco Fed President Mary Daly said, "It’s only a bubble if AI doesn’t deliver." "We have a lot of promise in AI and a lot of growth," she said, describing the AI-related construction she's seeing across her region in the West. "We have to wait a couple of years to see if it really delivers." "It certainly feels like this is transformative," said in an interview on Fox Business's "Mornings with Maria." It will also take time to determine whether the inflation caused by the war in Iran will require any changes to the federal funds rate, she said. Daly is looking for two pieces of information. One is how long the war lasts. The second is whether the higher oil price bleeds into broader inflation, like services. Currently, monetary policy is in a good place, she said. When she considers whether the rate needs to be adjusted, Daly looks at the direction of change rather than just the price level. If there's a continued increase in the inflation rate, then something needs to be done. It's not about looking back at yesterday, but "it's really about looking to tomorrow and going forward," she said. More on the US Economy U.S. GDP growth estimate revised down to 1.6% in Q1, consumer spending slows Inflation remains primary concern, KC Fed's Schmid says The Great Debt Debacle Has Arrived PCE Inflation Surges Further Away From Fed's Target, Now Nearly Double The Fed's Target, And 5+ Years Above Target

is editor-at-large and Vergecast co-host with over a decade of experience covering consumer tech. Previously, at Protocol, The Wall Street Journal, and Wired. Posts from this author will be added to your daily email digest and your homepage feed. Most people will never own, drive, or even sit inside a Ferrari Luce. (If you can, or do… hit us up.) There’s still no question that Ferrari’s first electric vehicle is one of the most interesting, surprising cars of the year. With a decidedly un-Ferrari look, and lots of new technology and designs courtesy of Sir Jony Ive, the Luce is a lot of big ideas in a single swoopy package. A lot of people really hate it. Verge subscribers, don’t forget you get exclusive access to ad-free Vergecast wherever you get your podcasts. Head here. Not a subscriber? You can sign up here. On this episode of The Vergecast, we talk a lot about the Luce. David and Nilay discuss whether Jony Ive’s design ideas got out of hand, why Ferrari seemed so desperate to run away from its legacy, and whether some of the interface and technology ideas here could trickle down to more affordable cars. And they discuss the question increasingly facing carmakers all over the US: Do people actually want electric cars? After that, the hosts talk through some AI news and all the ways in which consumers continue to show their distaste for all things AI. As Google gets deeper into AI Mode, its competitors are growing simply by staying away. As YouTube gives creators more AI tools to play with, it’s also labeling AI content more clearly so audiences can stay away. Pope Leo has been reminding the world that actually, yes, humans are important even in an AI age. AI is increasingly pervasive and increasingly unpopular — which side will give first? Finally, in the lightning round, it’s time for Brendan Carr is a Dummy, Meta’s new subscription tiers, Sony’s exciting new TV tech, and an update on the incredible rising price of everything. Everything’s too expensive, and i...

格隆汇5月29日｜全球市场调研机构Counterpoint Research发布数据显示，今年第一季度，中国电视厂商的全球市占率快速提升，与行业龙头三星电子的差距进一步缩小。

Wall Street Is Starting to Talk About Tesla's Endgame The Globe and Mail

Wall Street Is Starting to Talk About Tesla's Endgame Yahoo Finance

Sagarmala Finance Corp. , a financier created to fund India’s maritime projects, is preparing to issue the country’s maiden blue bond to raise as much as 10 billion rupees ($105 million), according to a top official. The shadow lender will issue paper due in 10 years, said Managing Director LVS Sudhakar Babu in a phone interview. The New Delhi-based company has hired Trust Investment Advisors Pvt., A.K. Capital Services Ltd. and Tipsons Consultancy Services Pvt. as financial advisors, he said. Babu said proceeds from what he called “India’s first-ever blue bond” — a type of debt typically associated with water and ocean conservation — will be used for projects that could include developing ports, improving inland waterways, and purchasing jetties and ships. Bolstering the country’s maritime infrastructure is a priority for Prime Minister Narendra Modi . His administration has set out investment plans of nearly 80 trillion rupees in its 2047 vision to expand port capacity and boost shipbuilding. The erstwhile Sagarmala Development Co. was rebranded as Sagarmala Finance in June last year to bridge the sector’s financing gap. “We are readying up all that is needed to enter the bond market, and will tap as soon as the opportunity is right,” Babu said, citing the need to “fix our asset-liability mismatch” as a key reason for tapping the market. The company has so far disbursed loans of around 40 billion rupees with an average maturity of 12 years, compared with an average borrowing tenor of 3.5 years for bank credit. Sagarmala Finance plans to raise a total of 30 billion rupees from the local bond market this financial year, Babu said, adding that follow-on issuances will depend on the demand for its maiden offering. The shadow lender is appointing debenture trustees and legal advisors, and is hiring around 25 people across legal, finance and tax verticals as it diversifies funding.

At $426.58, Broadcom (AVGO) is being priced to deliver 22.7% revenue growth annually for the next 6 years simply to defend today’s 81.0x multiple. That is essentially the 25.2% the business is already running, held steady for 6 more years. Sounds easy until it stops. This is a year of extreme acceleration for Broadcom. The company’s engine is its deep, multi-year collaboration to build custom AI chips for just six strategic customers. That AI-specific business is surging, while the company’s other semiconductor and software segments remain largely flat. To secure this growth, management has pre-emptively locked in its supply of critical components for the next several years. With that as the operational backdrop, the question is whether 22.7% revenue growth for 6 years is reasonable for AVGO. Before we walk through how the math gets to that number, here are AVGO’s current numbers as a reference point: AVGO Sector Information Technology Industry Semiconductors P/E Ratio 81.0 P/E Ratio 3Y Avg 60.1 LTM Revenue Growth 25.2% 3Y Avg Revenue Growth 26.2% LTM Net Margin 36.6% 3Y Peak Net Margin 39.3% 3Y Avg Net Margin 29.5% LTM refers to last twelve months. Trefis: AVGO Stock Insights For the full historical trajectory of these lines, see AVGO’s data page. Where That 22.7% Comes From First, we give the business 6 years to grow into the multiple. Second, we assume the P/E settles at 25.2x at maturity, where mature, leading-edge semiconductor businesses typically clear. Third, margins land near 34.4%, anchored on the company’s own track record, which already runs at or above what mature peers earn. With those locked in, the mechanical arithmetic takes over. AVGO’s $2.0T market cap divided by 25.2x implies $80.3B of net income at maturity. At a 34.4% margin, that requires $233.1B of revenue, up from $68.3B today. Compounded over 6 years, that lands on the 22.7% annual growth the lead opened with. Can AVGO Pull That Off? Broadcom’s leadership in networking and silicon design al...

Hammond Power Solutions Inc. ( HPS.A:CA ) declares CAD 0.275/share quarterly dividend , in line with previous. Payable June 17; for shareholders of record June 10; ex-div June 10. See HPS.A:CA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Hammond Power Solutions Inc. Hammond Power Solutions Inc. (HPS.A:CA) Q1 2026 Earnings Call Transcript Hammond Power Solutions Inc. (HPS.A:CA) Q4 2025 Earnings Call Transcript Historical earnings data for Hammond Power Solutions Inc. Dividend scorecard for Hammond Power Solutions Inc. Financial information for Hammond Power Solutions Inc.

In this article @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT A "double scar" of past inflation woes and geopolitical trauma is warping how consumers view the economy and threatening a drop-off in retail spending, new research from the European Central Bank showed. According to ECB researchers, euro area households have become more sensitive to the financial consequences of the Iran war due to cumulative economic wounds left behind by the post-pandemic inflation surge and the 2022 invasion of Ukraine, which resulted in soaring energy prices. "There is good reason to believe that consumer expectations are shaped not only by current developments, but also by memories of these recent adverse events," they wrote in a blog post published on Friday, warning that these mental "scars" reinforce fears of stagflation – when rising prices coincide with declining growth. Data from the ECB's March 2026 Consumer Expectations Survey showed that consumers had sharply revised inflation expectations upwards by 2.5 percentage points just one month after the conflict in the Middle East broke out in late February. Simultaneously, economic growth expectations fell by about 1.2 percentage points. Oil prices have fallen some 20% in May, but remain about 30% above pre-Iran war levels. watch now VIDEO 13:02 13:02 Geopolitics is main financial stability risk, ECB's De Guindos tells CNBC Squawk Box Europe While the general shift toward a stagflationary outlook is currently less severe than the energy-driven shock following Russia's invasion of Ukraine four years ago, the researchers warned that a risk of overreaction remains as consumers extrapolate short-term fears into medium-term behavior. "Evidence suggests that consumers are experiencing the war in Iran with a potential 'double scar.' One from the recent surge in inflation, the other from the prolonged effects of earlier geopolitical tensions," they wrote. "These two scars may reinforce each other and are likely to shape consumer...

This article first appeared on GuruFocus. Meta Platforms (META, Financials) is adding $13 million to fund its Oversight Board through 2028, keeping the independent content watchdog in place as the company faces fresh questions over speech, misinformation and platform safety. The board reviews difficult moderation cases across Meta's apps and can issue binding decisions. It also makes policy recommendations on how the company handles sensitive content. The new funding will go into the board's trust. Meta previously committed at least $30 million annually for three years in 2024. The move arrives as Meta continues to reshape its content rules. The company has scaled back parts of its U.S. fact-checking program and shifted toward a community-notes-style system. The Oversight Board was not happy with those changes. It said Meta moved too fast and could leave users with fewer protections on sensitive issues. The $13 million is not a big number for Meta, but it sends a message: content rules still matter for the company's reputation. As Meta uses more AI and community notes, investors will want to see whether the board still has real influence.

波动率回落，投资热退潮 黄金和白银现货合约罕见降保缩板。 5月29日，上海黄金交易所（下称“上金所”）盘后发布通知，自6月1日收盘清算时起，下调多个黄金和白银延期合约的保证金比例和涨跌幅限制。 金价方面，多空资金近两日围绕4400美元/盎司展开拉锯。5月28日，COMEX黄金期货一度跌至4365美元/盎司，随后因美国4月核心PCE数据低于预期而直线拉升，5月29日连续收复4400、4500美元两大关口，目前报4536美元/盎司。 "降保缩板不是抄底信号，而是波动率回落确认。"一位资深贵金属交易员提醒，一般交易所降保缩板多发生在波动率回落后的常态修复期，之后金价走势取决于宏观环境而非交易所动作本身。关键不是交易所动作，而是投资者自己的风控能力是否匹配提高后的杠杆。 波动率回落，上金所年内二次“降保缩板” 具体看来，此次上金所将Au（T+D）、mAu（T+D）等多个黄金延期合约保证金比例从18%下调至15%，涨跌幅度限制从17%收缩至14%；Ag（T+D）合约保证金比例从24%下调至21%，涨跌幅度限制从23%收缩至20%。 这是上金所2026年以来第二次下调保证金、收缩涨跌停板。此前2月24日，上金所已将黄金合约保证金从21%降至18%、涨跌停板从20%缩至17%。两次"降保缩板"叠加，黄金T+D保证金已从年初高位累计下调6个百分点，实际杠杆从约4.8倍提升至约6.7倍。 无独有偶，银行近期也调整了黄金业务的投资限制。包括工商银行、建设银行、兴业银行、招商银行等多家银行近期集中调整积存金业务交易门槛，包括下调产品风险评级，延长夜盘交易时间等。在此之前，银行连续调高了这类产品的风险等级和准入门槛。 不过期货市场上，上期所黄金期货自2月9日将保证金调至18%-19%、涨跌停板扩至17%后，目前依旧延续高保证金水平和。除春节期间特别安排外，将黄金涨跌停板临时提至20%，保证金21%/22%，节后恢复。 上述贵金属交易员称，机构普遍判断当前市场极端波动期已过，如今地缘冲突对金价的冲击已被市场基本消化，此前17%的涨跌停板对目前来说 较 宽松，14%的涨跌幅限制足以覆盖正常波动。另外，高保证金+高额手续费环境下，黄金T+D成交量显著萎缩，个人投资者开户量明显下降，随着贵金属价格波动收窄，交易所需要降低门槛吸引资金回流，来保证交易活跃水平，缩板同步进行也是防止杠杆提高后波动失控。...

格隆汇5月29日｜香港食物环境卫生署食物安全中心5月29日宣布，因应世界动物卫生组织通报，指加拿大艾伯塔省Special Area No. 4爆发高致病性H5N1禽流感，中心即时指示业界暂停从该地区进口禽肉及禽类产品（包括禽蛋），以保障香港公众健康。中心发言人说，根据政府统计处的资料，香港今年首三个月并无从加拿大进口禽肉或禽蛋。

格隆汇5月29日｜亨通光电(600487.SH)公告称，公司拟分拆所属子公司江苏亨通华海科技股份有限公司至上海证券交易所科创板上市。本次分拆完成后，公司股权结构不变，仍对亨通华海拥有控制权。该事项尚需股东大会批准及履行相关监管程序，存在不确定性，敬请投资者注意风险。

Laurentian Bank of Canada ( LB:CA ) declares CAD 0.47/share quarterly dividend . Payable Aug. 3; for shareholders of record July 1; ex-div July 1. See LB:CA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Laurentian Bank of Canada Historical earnings data for Laurentian Bank of Canada Dividend scorecard for Laurentian Bank of Canada Financial information for Laurentian Bank of Canada

This article first appeared on GuruFocus. Dell Technologies (DELL, Financials) gave investors a clear sign that the AI server boom is still gaining speed. The company raised its annual revenue forecast to $165 billion to $169 billion, up from its earlier outlook of $138 billion to $142 billion. Dell also lifted its fiscal 2027 AI server revenue target to about $60 billion from $50 billion. Shares jumped nearly 40% in premarket trading after the update. If that gain holds, Dell would add more than $80 billion in market value. The reason is simple: customers are still spending heavily on AI infrastructure. Dell has become a major supplier of Nvidia-powered servers used in large data centers, benefiting from cloud and enterprise customers racing to build AI capacity. First-quarter revenue rose 88% to $43.84 billion, well above analyst expectations of $35.43 billion. The strong report also pushed several brokerages to raise their price targets on the stock. For Dell, the story is no longer just about PCs and traditional enterprise hardware. The company has become one of the clearest hardware winners from the AI buildout, supplying the servers that help power next-generation data centers. Investors will now watch whether Dell can keep turning that demand into bigger orders, stronger margins and higher revenue forecasts.

The Shenzhou-21 astronauts returned to Earth on Friday after staying in Tiangong space station for more than 200 days, establishing the record for longest on-orbit stay by a Chinese crew. The trio touched down at the Dongfeng landing site in the Inner Mongolia autonomous region at around 8.11pm aboard the Shenzhou-22 spacecraft, according to state broadcaster CCTV. Their stay was extended by one month after their probe was used in an emergency mission for the previous crew to return home last year. Advertisement The team was set to bring back samples of artificial embryos to be used to study whether humans could reproduce in zero gravity. 01:31 Hong Kong’s first astronaut Lai Ka-ying among Shenzhou-23 crew entering Tiangong space station According to Cang Huaixing, a chief researcher for the space station’s experiments at the Technology and Engineering Centre for Space Utilisation of the Chinese Academy of Sciences , the experiment went off “successfully”, with the samples refrigerated and ready to be sent back.